Atom Bank is positioned to achieve its first yearly profit; & more!

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to a new episode of your daily FinTech podcast! This podcast episode is sponsored by Yolt. Yolt enables businesses to unlock the value of open banking, through expert consultancy and a range of specialist services, which deliver real growth and returns. Visit yolt.com today NEWS HIGHLIGHT Atom Bank is positioned to achieve its first yearly profit this year following a number of encouraging financial indicators. Link here. FINTECH NEWS #rebranding Truebill will officially change its name to Rocket Money in late August. More than simply a rebrand, the name will bring Truebill closer to the other businesses on the Rocket Companies platform and provide the opportunity for Rocket Money to better help consumers at various touchpoints throughout their financial lives. Link here. #donedeal LAVCA found that LATAM startups have raised $2.8 B  across 190 transactions during Q1 of 2022 as the region’s funding boom continues. This marked the fourth largest quarter on record for investment in the region. Link here. X1 Card has raised $25 million in a Series B funding round as it gears up for launch in the US. The Series B round was led by Google Analytics co-founder Wesley Chan’s new fund FPV Ventures, the fund’s first investment. Link here.